Ethereum returns to the trend line, what will happen next?
A bullish candle shatters your short-selling dreams.
Next, if I were the market maker, I would come back with a straight-line knife, stab five points, that should be enough, stop-loss all wiped out, stabilize the trend line.
When trading cryptocurrencies, we shouldn't just look at the candlestick chart; we need to consider the market maker's perspective and imagine how they would torment retail investors.
Study market maker psychology more, hahaha, why do they pump the price, why do they crash the price? It's because they need to push it down so that you all are afraid to catch the falling knife before they pump it up again, and this cycle continues. Isn't Ethereum just like this?
Quick pumps, followed by waterfalls and bearish declines, dropping beyond your imagination, then pumping again, and so on.
Then gradually, retail investors have no money left, and price pumps can't create value. Why do market makers pump?
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